there is he. >> well, get me off, get charlie on. there we go. >> i ask a couple of people this already i think, president owe vans, that was when we saw the size and the magnitude of the latest moves, qe moves, a lot of people thought that things must be a lot worse than what we were led to believe and we thought we'd see some numbers that would make that apparent. we haven't seen numbers that are making that apparent, and i guess if you consider that it's a dual mandate, as long as we're above 8%, anything is justified. is that the thinking of the fed at this point, and i guess if inflation's low you can satisfy that mandate as well. you could even say that inflation's below our target so you're satisfying both mandates, but was that the thinking, there was really nothing worse than the rest of us thought in the economy when you decided to do this? >> well, that's a good question. i think that it's evident the data softened during the summer and this ends up being the third summer that we've seen the data soften from a first year,